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Dominion Resources Bearish Moving Average Crossover Alert (D)

By James Quinn

Dominion Resources (NYSE:D) shares have crossed bearishly below their 10-day moving average of $74.85 on a volume of 524K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Dominion Resources share prices have moved between a 52-week high of $78.97 and a 52-week low of $64.54 and are now trading 14% above that low price at $73.79 per share. The 200-day and 50-day moving averages have moved 0.08% higher and 0.18% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Dominion Resources and will alert subscribers who have D in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses dominion resources

Ticker(s): D